Germany's Auto1 tops STOXX after profit upgrade, higher Q1 rev

AUTO1 SE

07/05/2025 08:21

** Shares in Germany's Auto1 AG1G.DE rise 9% after the car dealer raised its profit forecast for 2025 and posted a jump in revenue for the first quarter

** Stock tops the pan-European benchmark index .STOXX, which is down 0.3%

** "Following the guidance upgrade and strong profitability beat in the first quarter, I believe the profitability trajectory of Auto1 Group now appears further de-risked," Metzler analyst Pal Skirta told Reuters

** He adds, investors will focus on how the firm  balances profitability and momentum

** Including today's move, the stock has gained 55% YTD

 (Reporting by Paolo Laudani)

 ((Paolo.laudani@thomsonreuters.com))